July 28, a court in Kuala Lumpur found the former Prime Minister of Malaysia Najib Razak guilty to seven counts of fraud in the public finances, breach of trust and money laundering, reports the Associated Press.
Razak received seven prison sentences from 10 to 12 years, but the judge ruled that the lesser be absorbed by the large. Thus the politician should go to prison for 12 years and to pay a fine of $49.4 million
Lawyers Razak said he will appeal. The court allowed the former Prime Minister to remain free, but increased the size of the Deposit.
The former Prime Minister became the first senior politician of the country has received a real term, told the court that he is innocent.
July 4, 2018, former Prime Minister of Malaysia, was charged with embezzlement from the state regional development Fund 1MDB. Pri searches at former Prime Minister, the police seized property worth about $277 million.
The consequence considers that money from the state Fund were transferred to the personal accounts of Razak and was spent on the purchase of luxury goods.
Razak was the PrimeMinister of Malaysia from 2009 to 2018.